Weekend Show – Sat 24 Aug, 2013

Economic Issues with an International Group of Experts

Hour 1

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Featuring:
Al KorelinCory FleckJeff DeistAlasdair MacleodMichel BouchardJay Taylor
John KaiserMarshall BerolGlen Downs
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Comments:
  1. On August 24, 2013 at 1:20 am,
    cfs2000@lycos.com says:

    It would have been nice if Gold had stayed above $1400, but Silver did stay above $24. Nice.
    Good show Big One.

    • On August 24, 2013 at 8:01 am,
      Al Korelin says:

      Many thanks CFS.

  2. On August 24, 2013 at 1:43 am,
    cfs2000@lycos.com says:

    If you look at the timing of the rise in gold price, I wish to point out it happened during the last hour that the London market was open on Friday, over a relatively short period of time. I think this was largely due ONLY to thin trading AND a physical shortage of metals.
    It is, of course, a physical shortage of metals that will sooner or later lead to a total decoupling of price for physical and the paper (futures) price.

    • On August 24, 2013 at 8:02 am,
      Al Korelin says:

      Interesting point.

  3. On August 24, 2013 at 1:50 am,
    cfs2000@lycos.com says:

    Dr. Copper is still going up.
    http://www.brecorder.com/markets/commodities/europe/132591-copper-closes-higher-on-china-demand-growth-prospects.html
    The PRC is still projecting to urbanize 250 million people over the next decade. That is a lot a apartment builing and metals usage.

    • On August 24, 2013 at 8:03 am,
      Al Korelin says:

      What about the reported over building?

    • On February 4, 2014 at 6:09 pm,
      Abdulcebbar says:

      Boy that really helps me the heck out.

  4. On August 24, 2013 at 1:58 am,
    cfs2000@lycos.com says:

    Despite being warned off interfering in Syria by Putin, there are signs that the Big Zero will waste more money acting stupidly.
    http://www.zerohedge.com/news/2013-08-23/pentagon-preparing-cruise-missile-launch-against-syria

    (The rumor in Europe, is that when Putin and Obama last met face-to-face, Putin warned the US that Russia remembered what happened in Afghanistan when they were there, and if the US invaded either Syria or Iran and tried to Regime-change, that the US would suffer a version of what happened to the Russians in Afghanistan.

    • On August 24, 2013 at 8:06 am,
      Al Korelin says:

      Another interesting point.

      I have to say I thi k Putin made our president look silly.

      It is about making things better nd not trying to make yourself look big and strong. That is where I think Obama missed the point.

  5. On August 24, 2013 at 2:06 am,
    cfs2000@lycos.com says:

    Alasdair is quite correct in saying the decrease in the dollar’s value is largely the cause of the apparent rise in gold. As someone living outside the US, but unfortunately with many assets still in dollars, I see this in exchange rates every time I go to a bank!
    The Federal Reserve has been a TOTAL failure at preserving the value of the dollar, and after the coming Weimar-style collapse of the US financial system, the Fed should be abolished.
    Marshall Berol is correct about Uranium going up, but don’t forget rare earths as well.

    • On August 24, 2013 at 4:36 am,
      JERRY the Long..................O^OTB says:

      DITTO…ON; ABOLISH THE FED.

      • On February 3, 2014 at 5:14 pm,
        Vikram says:

        I think Katherine is the one to die, although I hope not. But if she does, I think it will be to save Stefan becusae she really does love him, and he loves her although he doesnt realize it. He will then mourn her and have to find a way to deal with her death, which will freak Elana out. She will be hurt that she doesn’t have 100% of his love and she will be susceptible to Damon’s advances. Stefan cannot be cheating on her, how can he cheat with a dead person? What would be way cooler is if Elena was to drift into Damon’s camp and Stefan found a newly discovered love for Katherine. Turn about would be fair play.

  6. On August 24, 2013 at 2:15 am,
    cfs2000@lycos.com says:

    As I pointed out yesterday, before they were slapped with a D notice, the BBC worldservice was reported the child-killing gas attack recently in Syria was NOT sarin, but chlorine gas, done by ruling, not rebel forces.
    This is partly supported by the photography that DOES NOT SHOW medical people aearing any protection against nerve gas.

    • On August 24, 2013 at 8:09 am,
      Al Korelin says:

      And that is what Glen brought up. Remember about two months ago when he just got back from Turkey and he said he thought the rebels had the gas?

  7. On August 24, 2013 at 3:29 am,
    Andrew de Berry (Rev) says:

    Al thanks as always to you and your team. Ref segments 6-7 yes it is ghastly how little we know although Google as was said does offer more scope through the BBC world service. By the way I think you meant to say ‘Beirut to JERUSALEM’ by Thomas Friedman which is a highly rated book.

    Best, A the Rev!.

    • On August 24, 2013 at 8:10 am,
      Al Korelin says:

      Thanks and yes I did mean to say that.

  8. On August 24, 2013 at 4:44 am,
    JERRY the Long..................O^OTB says:

    THE SMART MONEY IS ALWAYS EARLY…………..the Sheeple FOLLOW………..

    • On August 24, 2013 at 7:09 am,
      Dennis M. O'Neil says:

      Looking back….buying
      Sub $20 SLW
      Sub $35 FNV
      Sub $9 AG
      Sub $40 RGLD
      Sub $5 SAND
      will be seen as genius akin to buying sub $4 silver.
      Adding shares at those levels has solidly increased # of shares and turned many of those positioned solidly green. Even with those entry be average in at positions much higher than today.
      As Jerry points out the smart money is positioned now.
      The next question is where do the go first.
      I think they will go to big names and well touted stories.
      When the “sheeple” begin to follow….when the momentum show PM miners as the leading sector at IBD then might be to take profit from the NEMs….the royalty and streaming companies and focusing down pipeline to the juniors.
      The question becomes where do the “sheeple” momentum guys go?

      I had the best hamburger I have had in 10 years yesterday at a place in Findlay OH called Wilson’s Sandwich Shop..http://www.wilsonshamburg.com/
      However, as I left and gassed up I saw lines of cars in front of the fast food giants who had Billboards on the highway. The people in line did not know what they were missing a few tenths of a mile away.
      All the locals knew where to go…Wilson’s Sandwich Shop had the fundamentals down pat.
      However, the volume business was at the chains….the big name store franchises.
      So when you are trying to figure out where the “Sheeple” will initially go? I think you might also ask where do you think the sheep will be led?

      • On August 24, 2013 at 8:13 am,
        Al Korelin says:

        Greatpoint Dennis M!

        I think I just made uo a new word!

        • On August 24, 2013 at 11:30 am,
          Dennis M. O'Neil says:

          As you can see I think Franky Langley is rubbing off on me.

        • On August 25, 2013 at 3:00 am,
          Andrew de Berry (Rev) says:

          Nah A,l it was Bill Bonner who first spoke of the sheeple!!!

  9. On August 24, 2013 at 4:49 am,
    Dennis M. O'Neil says:

    Alasdair Macleod’s comments on the valuation of gold is a fundamental perspective that needs to be made over and over again. Truth in repetition is powerful. I was glad when Jay Taylor followed up on the point and then remember Jeff and Jay talking about this point on Groundhogs day which prompted me to relate the below. Although Alasdair and Jay today are talking about USD price/valuations the commentary in early was about gold as it related to the Dow reaching 14000. A distinction without much difference when the bottom line is a bumper sticker “REAL VALUE TRUMPS NOMINAL PRICE!”

    On February 2, 2013 at 6:05 am,
    Dennis M. O’Neil says:

    I appreciated the multiple references to the multiple comparisons between the metals and the DOW 14000 milestone. Jeff was spot on when he said “14000 what…the number is meaningless!” Jay Taylor referenced the DOW to Gold ratio.
    Last night I was having dinner at my favorite Italian restaurant in Huron, Ohio. I was traveling and having dinner at the bar. A client saw me as he waited for a table. During a short cordial exchange he boasted about the DOW 14000 news slapping me on the shoulder. After this exchange I took my electronic leash out of my suit coat pocket and literally wrote down a few figures on a bar napkin. They are highlighted below:
    The DOW closed over 14000 for the first time on July 17, 2007.
    Gold closed July 17, 2007 at $666.
    So in in 5 and ½ years the DOW has NOMINALLY returned to where it once was.
    Gold closed yesterday at 1667.60. $1001.60 (1667.60 -666- a lot of 6s) higher than the first time the DOW closed above 14000. In the same time it took the DOW to do a round trip with 14000 GOLD has doubled 1.5 times.
    http://money.cnn.com/2007/07/18/pf/dow_14k_whattodo/index.htm
    And then there is silver which closed at $12.90 on July 17, 2007.
    Silver Closed yesterday at $31.84. $18.94 higher than the first time the DOW closed above 14000. In the same time it took the DOW to do a round trip with 14000 Silver has doubled 1.5 times.
    Also during the time it took to DOW to do its long round trip. The metals never approached to the approximate 50% haircut the DOW reached in March of 09. Unlike the DOW the metals during this period afforded the investor an opportunity for taking even greater profits.
    The client and his wife joined me at the bar after their meal. We spent the next hour discussing the difference between nominal valuations and value.

    • On August 24, 2013 at 8:15 am,
      Al Korelin says:

      Thank for repeating that.

    • On August 24, 2013 at 11:12 am,
      clay says:

      Dennis: You are one of several on this site who recognizes the perspectives that Alasdair pointed out. Others view wealth accumulation more important than wealth preservation which of course is an Achilles heal to us all. Alasdair has spent many years thinking and studying these perspectives which are commonly ignored and rarely recognized by most Westerners, but the world is now in transition where wealth is moving from west to east and those who realize the full implications will do better following the Indians and Chinese than Americans and Europeans.

      • On August 24, 2013 at 11:21 am,
        Dennis M. O'Neil says:

        I am currently watching the 3rd video in the link you provided at 10:44 AM real good stuff! I wish I was that articulate!
        Thanks for the intro & link Clay!

      • On August 24, 2013 at 11:50 am,
        Big Al says:

        Yep!

  10. On August 24, 2013 at 6:09 am,
    cecilhenry says:

    Nuclear is still a threat???

    Then why would anyone ever dare invest in uranium now??

    I agree that the dangers of ONE nuclear mistake are being vastly underestimated.

    So what’s good about uranium then?

    • On August 24, 2013 at 6:53 am,
      Dennis F. Brophy says:

      Found this article `At the very least, your eating pacific ocean fish are over` http://www.collapsingintoconsciousness.com/at-the-very-least-your-days-of-eating-pacific-ocean-fish-are-over/ or go see this http://www.youtube.com/watch?v=eMmaduq-5bw The Nuclear Crisis: The Dangers of Radiation. Dr. Helen Caldicott This video is very good, she knows her stuff, IMO. —— Al really like your show esp. segments 1-4. Segment 8 had its moments too. And in Segments on Syria, everybody keeps saying what the mainstream press/Obama keep saying that this a `Civil War`, when in fact its a hostile take-over by paid mercenaries financed by the Bankster Rothschild & his cohorts(terrorists), using the USA`s manpower pool for boots on the ground. — The people of Syria have been fighting terrorists not rebels, these terrorists are not even Syrian, there from other countries. There there to overthrow the country for the Bankster crowd.

    • On August 24, 2013 at 8:19 am,
      Al Korelin says:

      Well it is supposidly clean and safe.

      What I don’t like about it is the potential of extreme negative consequences.

      I suppose that one could say the same about coal, but the potential negative consequences of coal do pale in comparison.

      • On August 24, 2013 at 10:33 am,
        cecilhenry says:

        ONE mistake, ONE mistake, and they almost had to CLOSE JAPAN!!

        Meaning that’s it, no more Japan. What chaos.

        Humans make mistakes, that’s guaranteed.

        Its a big risk, even if its a 1 in 100 year shot, it takes 60,000 to resolve the radiation issue.

        ARE we shortsighted here??

        • On August 24, 2013 at 11:42 am,
          Big Al says:

          At this point, I would say probably yes.

      • On August 24, 2013 at 11:26 am,
        Dennis F. Brophy says:

        Al, just read this report its only 11 pages mostly pictures of dosimeter to measure Radiation, on page 1, “The azure glow of Crater Lake was about to be smudged by a band of wispy smoke blowing in eastward on the jet stream …… The radiation level inside my jetliner cabin hit 2.26 microsieverts, equivalent to twice the dosage at locations just 5 kilometers from the Fukushima No. 1 nuclear plant. Although my nerves were thoroughly rattled by the buzzing, the dozing passengers were blissfully unaware of being bombarded by lethal neutrons.“ The picture of this guys meter on a reading of 2.14/ `Sky-high radiation reading inside a jetliner cabin while flying over the Oregon-Washington state boundary.` http://rense.com/general96/olymp.html This was dated on 5-12-13. I have many more reports of California that are just as worse…. its a real mess that the media and the govt are hiding from the American people.

        • On August 24, 2013 at 11:54 am,
          Big Al says:

          Holy shit! Pardon me, by the way!

          • On August 24, 2013 at 4:25 pm,
            Dennis F. Brophy says:

            I`m going to get a dosimeter ASAP, I live on the California coast on at private beach property. So the winds right now, the water at the surf, the land I walk on, just probably have harmful dosages of Radiation in it now. PS. your forgiven….

        • On August 24, 2013 at 5:13 pm,
          JERRY the Long..................O^OTB says:

          AL ,Dennis……..you guys better look for some other real estate….thing are not going to get better………Japan is sending the US. ,WHAT the US. did in Hiroshima, Nagasoki,

  11. On August 24, 2013 at 7:34 am,
    bj says:

    Jeff, we supported a ‘democratic uprising’ in Egypt, and now we’re walking it back and supporting the military coup–along with the release of their dictator. Time to bring our armies home. Our Mid-East policies over the last half century have been contradictory, hypocritical at best, costly in terms of blood and treasure, and self defeating. Let those corporate interests who actually profit from all this crap raise their own armies of mercenaries to prop up puppet governments do their bidding.

    Trade will all, alliances with none. That’s not isolationism, it’s good geopolitics and sound economics.

    • On August 24, 2013 at 8:21 am,
      Al Korelin says:

      I have to agree with your last sentence.

  12. On August 24, 2013 at 7:42 am,
    bj says:

    Al, please explain what Israel has “added to the betterment of the world”. In fact, name one nation state that has actually added to the betterment of the world. I individuals living within various nation states have improved the world–thus eclipsing the Machiavellian practices of nation states. Israel is no exception.

    • On August 24, 2013 at 8:25 am,
      Al Korelin says:

      I stand corrected.

      What I was trying to say is that bad stuff is coming out of the Middle East, but simplistically speaking more good is coming out of Israel than the other countries.

      Bottom line for me is let’s just get the heck out of there and let them work it out.

      But then again as Dr Paul said, “It’s all about the oil”

  13. On August 24, 2013 at 8:10 am,
    Andrew de Berry (Rev) says:

    bj Inclined to agree with your rhetorical question. There was a time when I admired Israel, as when she saw off all her bullying neighbours notably Egypt in the ’67 war. or even at that time mid 1990s when PM Yitzak Rabin looked like he might have done a peace deal with the PLO (until he was assassinated by a fanatical Jew). Israel was also at one time a country where technological initiatives and culture flourished arguably for the benefit of a wider world. But alas to my mind all that has been undone with Zionists ruling the roost, treating 850000 Palestinians like dirt while giving free rein for some 500000 settlers to muscle in on East Jerusalem and the West Bank.

    • On August 24, 2013 at 8:26 am,
      Al Korelin says:

      I completely agree Reverend!

    • On August 24, 2013 at 9:27 am,
      Bj says:

      Agree Rev. The world lost a good man in PM Rabin. The assassination of Yitzak Rabin was a pivot point in Israel’s history as was the Kennedy assassination in America. Both nations have been in moral decay since then.

      • On August 24, 2013 at 11:34 am,
        Big Al says:

        What an interesting point Bj.

        By the way I agree with you.

  14. On August 24, 2013 at 8:17 am,
    Irwin says:

    – note to the high and mighty who are into name-calling:

    – i’d rather be a gold bug than a bed bug
    – i’d rather be a sheep than a goat

    “31 “When the Son of Man comes in his glory, and all the angels with him, he will sit on his glorious throne.
    32 All the nations will be gathered before him, and he will separate the people one from another as a shepherd separates the sheep from the goats.
    33 He will put the sheep on his right and the goats on his left.”

    – and so endeth our lesson for today

    • On August 24, 2013 at 11:02 am,
      Dennis M. O'Neil says:

      You do not want to be directed to stage left when that happens.
      Put it high up on the ‘to do list’ to do whatever you can to be directed to stage right!

    • On August 25, 2013 at 3:06 am,
      Andrew de Berry (Rev) says:

      Did you know Irwin that the sheep and goats of Palestine look all but identical. The only distinction between them is that one has its tail going up, the other downwards. And don’t ask me which is which! The fact that goats are branded as hell-bound is due to their inbuilt destructive drive whereby they devour anything in their path.

  15. On August 24, 2013 at 8:29 am,
    Al Korelin says:

    You know I agree with you.

  16. On August 24, 2013 at 8:48 am,
    benb says:

    We simply dont know what is going on in Syria?
    Well, we can think about it. Say for example, did our government tell us the truth about wmd in Iraq? Have they told us the truth about 911? Tonkin? Pearl Harbour? Funding Hitler? Bush profiting by killing americans? That one is hilarious, do they ever have us decieved when they can do that and make their kids presedents.
    I would think there are more examples than we have room to list here.

    So, we know that our government is and has been lying thru their teeth for years, they spy on us,they torture…… …really, all around great guys. A government and country to be proud of. (sarcasm if you didnt catch it)

    OK, so what does that tell us? Are the odds they tell the truth now or are lying now?
    We dont know whats going on? We dont know the character of these people?

    Besides, who the heck wants to end up like Manning,Snowden or Assange?

    If a person really wants to understand what is happening I suggest Zeitgeist the movie Part 2 and 3. Christians wont accept part 1 but the investers around here will understand the exceptional work on banking and 911 in 2 and 3.

    Another idea is to read Paul Craig Roberts. Blatant and obvious, Cathrine Austin Fitts as well. Gerold Celente, a little ruff around the edges for some people tho.

    The only excuse for not knowing what is going on is “I dont care enuff to bother to find out” At least if we are honust.

    Isnt it interesting that is exactly what the psychopaths count on. And they are winning, BIG time. step by step.

    • On August 24, 2013 at 9:08 am,
      Big Al says:

      I believe categorically that people on this site know and care!

  17. On August 24, 2013 at 8:51 am,
    benb says:

    One thing, on kwn today, Bill Haynes said more of his customers are beginning to understand the fed and banking. That is one positive at least.

    • On August 24, 2013 at 9:10 am,
      Big Al says:

      I beliebe that thete are actually a lot of positives out there.

  18. On August 24, 2013 at 10:22 am,
    Ann says:

    Big Al..awesome round table discussion . Many thanks.

    • On August 24, 2013 at 11:40 am,
      Big Al says:

      Many thanks Ann.

      It was a lot of fun putting it together!

  19. On August 24, 2013 at 10:44 am,
    clay says:

    Recommend everyone including Al and his fine guests listen too the following interview kindly made by Tekoa Da Silva of a India Gold Dealer Vishal Vyas, head of operations at India’s top bullion dealer, Pushpak Bullions Pvt. Ltd.. In this interview Vishal explains the changes in gold buying in India over the last 6 years and most specifically how during last year the India people have increased their holdings of physical gold because a savings point of view. Indian people don’t want to hold their savings in Rupees because of its rapid decline and because of the increasing inflation rate.

    It is my opinion that people in general buy gold for several reasons, a minority for reasons of deflationary fear and a majority for inflationary fear, some like the so called gold-bugs for any and all reasons.

    Current money printing world wide is being done to fight deflation. The developed nations and their primary currencies first see little inflation as money supply grows due to low money velocity, but emerging and growing nations with secondary world currencies begin seeing inflation in process of world wide economic equilibrium and observed as Currency Wars. So India, China, Brazil and many other countries are now experiencing inflation which in my view is a direct result of inflation being exported by the developed nations. At some point and in my opinion beginning now and increasing for next several years, accelerated inflationary forces will be noticed in Europe, Japan and US. First signs of this are showing up in the Bond Market which can be curtailed by a major equity market decline, so a crash in the S&P, Dow and other index’s is increasingly possible but would be only a short term stay in an otherwise longer term inflationary period. War is also a possible stay of major inflation coming, but either way and or including both war and market crash the destabilizing forces of debt will cause major inflation as result of currency debasement.

    http://bullmarketthinking.com/indian-gold-dealer-gold-is-now-trading-at-1800oz-small-factories-and-workshops-are-shutting-down/

    • On August 24, 2013 at 11:47 am,
      Big Al says:

      Thanks Clay!

    • On August 24, 2013 at 12:46 pm,
      Dennis M. O'Neil says:

      Another arrow for the quiver!
      Thanks Clay!

      • On August 25, 2013 at 3:09 am,
        Andrew de Berry (Rev) says:

        Ditto Clay, A

  20. On August 24, 2013 at 12:26 pm,
    Tex says:

    At the end of hour 2 a comment was made that people did not get cancer 150 years ago…..FALSE……cancer is an age related disease. The US life expectancy at birth is in the about 78 (both genders) at present. 150 years ago the life expectancy at birth was in the early 40s…..not an aged population! It is not surprising that more people die from age related diseases today than they did 150 years ago. 150 years ago they died from infectious diseases. Older populations of persons will have a higher incidence of cancers…..younger populations will not.

    That error being corrected….cumulative .radiation dose does increase cancer risk….eating fish from the Pacific would be a poor idea.

    • On August 24, 2013 at 2:31 pm,
      cecilhenry says:

      This idea that because the average age of death was 40 very few lived into thier 70’s is false.

      Many people died young (under 10) and there as significant death during the teen years and early 20’s from congenital diseases.

      When infectious disease, sanitation and improved hygiene the infant mortality rate fell drastically, resulting in a shift in the average age of death.

      Once you go to 20 your average life expectancy was 60, with large numbers living into their 80’s.

      Cancer rates continue to rise!!!

      • On August 25, 2013 at 9:19 am,
        Big Al says:

        Thanks Cecil

    • On August 25, 2013 at 8:40 am,
      Big Al says:

      Thanks Tex

  21. On August 24, 2013 at 12:54 pm,
    Dennis M. O'Neil says:

    FOR WHAT IT IS WORTH…………..

    WHAT WERE WE TALKING ABOUT….ABOUT ONE YEAR AGO……

    On August 26, 2012 at 2:51 pm,
    Dennis M. O’Neil says:

    THE DANGER OF PRECIVED SAFETY
    How many people have been injured as a result of perceived safety?
    Because our cars are pillowed with airbags do some tend to drive less safe in reliance on the promised cushion?
    Do helmetless motorcycle drivers pay more attention than those forced to wear the device.
    Do depositors of a bank not care about the bank’s practices because of the FDIC ultimate taxpayer’s backstop?
    Do people with guaranteed government healthcare engage in unhealthy lifestyles more so than they would if they had to shell out for a doctor’s visit?
    Do people save less because of the promise of social security?
    Do people save less fearing the fear the nursing home will “get everything”?
    Have perverse incentives helped us harm ourselves?
    Have well intentioned programs caused more harm than good?
    Is a world that is manipulated in attempts to remove danger in fact more dangerous than it would have been had nothing been attempted?
    Should we have known better or was it all part of a sinister plan?

    Reply to this comment

    On August 26, 2012 at 7:02 pm,
    Keep Stacking says:

    Hi Dennis,
    Awhile back in time 95% of retired people needed Social Security to live on. Probably for all of the reasons you mentioned. What a shame, living in the worlds greatest economy. I’m glad to be in the 5% minority. It’s simple. Just prepare for all things in ones life. Best to you.

    Reply to this comment

    On August 27, 2012 at 1:46 pm,
    Big Al says:

    And that Keep Stacking is what all intelligent people should be thinking!

    Big Al

    Reply to this comment

    • On August 25, 2013 at 8:45 am,
      Big Al says:

      Interesting question you raise.

      Thank God none of us fall into that group!

  22. On August 24, 2013 at 1:10 pm,
    Dennis M. O'Neil says:

    Can “the world’s greatest economy” only be “the world’s greatest economy” in the nominal sense?
    In other words…… if the medium of exchange which is the measure of “the world’s greatest economy” is unable to survive without tender laws and/or with simple bailment law being enforced in regards to it……..then in a real sense is it in fact “the world’s greatest economy”. Maybe the peasants in India or China have one on “the world’s greatest economy” in the real sense of the term.

    • On August 25, 2013 at 8:55 am,
      Big Al says:

      That is a great point.

      It is truly sad that the “world’s greatest economy” is based on credit. If someone is living in a mansion ln the water with all the toys but is leveraged 200% is that person rich?

      Of course not!

  23. On August 24, 2013 at 1:42 pm,
    cecilhenry says:

    Robert Ian of Conquer Change spoke about National HOme inspections as part of ‘Obamacare’

    This is so invasive and controlling of people’s lives as to be terrifying.

    This is straight out to the USSR.
    Perfect way to control people, persecute and invade their privacy at random–all for their own good– of course!!!

    This is evil, and people who don’t see the long term direction of this behavior are very foolish.

    • On August 24, 2013 at 1:57 pm,
      Dennis M. O'Neil says:

      Cecil,
      I remember when my first child was born.
      The happy healthy family was day 1 in our modest home.
      I was fixing a dish my wife asked for in the kitchen and a rather rude knock arrived on the front door.
      A voice announced “Children Services!”
      I opened the door to a middle age lady who presumptively began walking in my house while stating “I am here to inspective the living conditions of the newborn!”
      I explained to her she was unwelcome to enter.
      It was a confrontation of liberty versus a controlling collectivist state.
      Unfortunately it was this little ladies daily routine apparently for her whole career.

      • On August 25, 2013 at 9:01 am,
        Big Al says:

        Never had that happen personally.

    • On August 25, 2013 at 8:59 am,
      Big Al says:

      Is that true Cecil?

  24. On August 24, 2013 at 2:08 pm,
    Dennis F. Brophy says:

    Official China News Website has section/website dedicated to Snowden and Blasting U.S. – Calls U.S. “Wolf/Tyrant doing Evil“ and Obama Lying ….. Oh how the tables have turned, we here in the good ole USA, have become our own worst enemies, we have become the USSA. http://sherriequestioningall.blogspot.com/2013/08/official-china-news-website-has.html or just go see video http://www.youtube.com/watch?v=-ypTsqdIlBQ its about 9:24 in length published August 23, 2013. In this article it makes it known that they the Chinese have perhaps ALL the documents that Snowden has and are trying to get questions answered from the US government. The Chinese have sounded like they just might release documents to counter `Misinformation` that the US gov`t seems to be saying against China and Whose really doing all the hacking and spying.

    • On August 25, 2013 at 9:03 am,
      Big Al says:

      Be very interesting to see just how this plays out!

  25. On August 24, 2013 at 2:23 pm,
    cecilhenry says:

    Did this woman get in?

    What happened when she heard NO for perhaps the first time?

    (Who does she think she is? And who does she think you are to just let her walk in?)

  26. On August 24, 2013 at 5:23 pm,
    PastExpiry-dot-com says:

    What a horrible world we live in.

  27. On August 25, 2013 at 10:02 am,
    BJ says:

    Is it just my imagination or did Dec gold & silver futures eclipse their 50-day moving averages last week?

    Makes me think I should take more vacations!

  28. On August 25, 2013 at 7:02 pm,
    Paul L says: